Company accounting conforms more to dual aspect concept than to incomplete recording system because:
I. Companies Act insists upon the adoption of double entry systems of book keeping
II. Balance sheet could not be preprared under sec. 211 of Company's Act according to the incomplete recording system
III. To show true and fair view of the affairs of the company
IV. To ensure adequate disclosure
Select the correct answer from the options given below and mark your answer sheet accordingly.

A. I and II

B. II and III

C. II, III and IV

D. I, II and III

Answer: Option D